GIS a consumer staples is set up long and is a good defensive play for recession or black swan events. The idea is on the chart. I am long since the first of the year. Adding for small dips on the daily or 180 minute chart. Food is about as basic as it gets. GIS is a market leader. TSN idea also. What about McDonalds?
TSN is shown on a reliable weekly chart- long idea from an inverted H & S and multiple indicators. Stop is 51 targets are on the chart . If the fan gets hit, food is queen while cash is king.
Hello Traders, Here is my chart for Tyson Foods TSN. You can see the price is bouncing around inside a rising wedge and is about to touch the bottom trendline. The RSI is oversold with bull div. I expect a generic herd mentality bounce on the trendline with a target being the top trend line. Lets see.
This is a weird one for me. Saw a x post about them heavily investing in bug proteins and had to check the chart out. Monster megaphone pattern. Beautiful chart. F the bugs but have to punt. Buying some here for the culture. At this time I am allocating most of my capitol now to btc and high beta crypto shit coins and stocks ill probably lose everything on....but...
Markets should be turning this week or the next. This is a simple downtrend continuation trade. Buy Oct-27-23 46.5 Puts @ 0.75 Limit to Open
TSN is shown here on a 4H Chart. It upended for a month into earnings and then disappointed with a miss. Following a drop from the miss, it has struggled to regain its price level. At this point, price has crossed over the POC line on the volume profile suggesting a preponderance of selling pressure Likewise in confluence price has crossed over the mean...
The monthly chart for NYSE:TSN has support at the 200 monthly moving average and fibonacci 61.8% retracement level.
Early morning TSN will release quarterly earnings results. Friday before the market closed I saw some bearish contract flows on the 18 Nov 2022 expiry date for this underlying stock. Personally, I am not a big fan of playing earnings for the short term. Based on my quantitative analysis model I found that TSN stock is now at one of the lowest volatility levels....
TSN has a PE of 5!! is a dividend paying stock and highly oversold here. I would ADD on any weakness
TSN has recovered a long term trend line and formed what could be called a flag above the major trend line This will lead to a larger break out or continuation along the uptrend line
$TSN Broke resistance, retested and is currently holding as support. Room to $94
TSN rounding bottom close to breakout. I would like to see a breakout retest for support before going long.
Most of the us really like chicken. Short term I am using a stop < 68.7 as my stop. Process your way.
Shooting star or big doji its bearish pattern on daily candles - Bearish signal can be triggered below 720 - Overbought indicators - Expected Split at 20 Jul so its risky trade to short prior to the split process but technically its overbought and can be corrected to the level of previous major breakout levels. cancel short idea above ATH Only!
I like the lower timeframe pullback to the longer timeframe pullback on NYSE:TSN for a long trade.
NYSE:TSN looks great, is clearly in an uptrend breaking out of a second base after beating EPS estimates last week. The thing is that I don't see volume action, or a good follow-through. Still, I keep my eye on this one. Industrials have been leading the market for the last weeks and NYSE:TSN is one of the leaders of the Food Production Industry, is rank 3th by...